VIUM CAPITAL RANKS TOP TWO IN FYE 2024 HUD HEALTHCARE LENDING

Seniors housing and healthcare lender VIUM Capital (“VIUM”) closed 34 HUD LEAN transactions totaling approximately $345 million, ranking the firm among the top two lenders in nationwide healthcare lending for HUD’s FY 2024 (ended Sept. 30, 2024). HUD’s 232 LEAN program, which provides mortgage insurance for HUD approved lenders to permanently finance licensed senior living facilities, ended its FY 2024 with 220 loans closed totaling nearly $3.2 billion, an approximately ten percent increase in total volume compared with the prior year.

‍

“We closed over 50% of our FY 2024 HUD 232 volume in the last quarter of HUD’s fiscal year,” shared Alison Lemle, VIUM’s Managing Director and Chief Underwriter. is recent increased volume of closings is indicative of our projected closing run rate for 2025 and beyond. We are busy, and there is no sign of slowing down.” Lemle also serves as the President of the Healthcare Mortgagee Advisory Council (HMAC), the healthcare lender industry advocacy group for HUD financing.

‍

VIUM has closed over $5 billion of bridge and HUD healthcare commercial real estate loans since its inception in 2020, with the majority of its recent HUD loans paying off bridge loans the firm originated.

‍

“Our proprietary direct bridge loan program has fueled our growth,” commented Brendan Healy, VIUM’s Senior Managing Director. “It enables us to customize flexible short-term debt solutions for our clients’ acquisition and recapitalization needs, with the intended exit to HUD permanent financing.”

‍

Scott Tittle, Managing Director at VIUM and former Executive Director for the National Center for Assisted Living (NCAL), highlighted the importance of HUD-insured healthcare lending for seniors care in the United States. “The HUD LEAN program is critical to the strength of our nation’s healthcare and seniors housing infrastructure. We appreciate HUD 232 leadership for working collaboratively with us and the lending community to ensure cost-effective and term-favorable capital remains available for quality operators.”

‍

VIUM is based out of Columbus, Ohio and has regional offices in Austin, Texas and Boca Raton, Florida. The firm is privately owned and controlled. Municipal advisory services for tax-exempt issuers provided through the firm's wholly owned subsidiary, VIUM Capital MA, LLC. The company can be reached at viumcapital.com.